In this video I’m going to share with you how to get over the fear of looking at your business finances so that you can be empowered to bring home more money to your family and be able to create a legacy of generosity.
I’d say about 97% of 2200+ of the women I’ve served have had a real + legitimate fear of looking at their business finances…
They’ve tried Dave Ramsey’s plan, Profit First and other irregular income management tools… but still feel like a failure, overwhelmed and confused.
I get it, I spent the early years of my entrepreneurial journey stressed out and trying everything and anything to figure it out too.
Let’s dive into the two reasons why this fear exists in so many female entrepreneurs and then what you need to do to get past it!
1. You Simply Don't Know How To Manage An Irregular Income
The first reason is simply you don’t know what to do to manage an irregular cash flow for your business.
- What expenses should you consider?
- How much should you put towards marketing and expenses?
- How much can you safely pay yourself?
- How do you track what comes in every month and where should it go?
- How much do you actually need to make?
- Where do you even start?
You don’t have a simple plan to follow and no one has explained it clearly with an easy to follow system.
All these unknowns plus what you’ve told yourself that you’re not a math person and don’t do numbers, is a recipe for a lot of crippling fear.
It makes you want to bury your head in the Sand
If you’re anything like what I used to be like, this makes you bury your head in the sand and avoid looking at the financial health of your business.
Because I was tired of living with the fear that crippled me when it came to managing my irregular business cash flow
And trying so many different ‘methods’ that claimed to work, but only left me even more confused.
I decided I was done living this way and needed to figure it out once and for all.
It took years of trial and tweaking, lots of chicken scratching on notebooks, but I came up with simple formulas for managing the irregular revenue and cash flow in my business.
You can get access when you book a Business Financial Abundance Plan Intensive or as a bonus inside Becoming a Legacy Builder Method.
When I started working with other entrepreneurs like yourself, I put all my formulas and chicken scratching notes into the Business Financial Abundance Plan.
This way all you have to do is enter in some numbers, and all the formulas calculate automatically.
With the Business Financial Abundance Plan you will
- Learn how to accurately forecast how much revenue you need to generate in your business
- Understand the stress-free secret to confidently managing an irregular cash flow.
- Know with clarity how to allocate every payment that comes in, so you can pay expenses, pay off business debt, and bring home more money to your family.
- Overcome the fear of looking at your financial numbers (this is a huge fear many entrepreneurs have!)
- Begin building a massive legacy from day 1 that reflects God’s goodness.
Now you have a strategy that makes it easy to track the financial health of your business and it’s completely doable, equipping you with expert techniques on how to manage your cash flow, even if it’s irregular.
Now you have a strategy that makes it easy to track the financial health of your business and it’s completely doable, equipping you with expert techniques on how to manage your cash flow, even if it’s irregular.
One of my Favorite Compliments
One of my favorite compliments I get told a lot is, “Charissa, you explain so simply that it’s easy to understand and now I’m excited to work on my business finances with my Business Financial Abundance Plan. I feel so empowered!”
You shouldn’t have to avoid looking at the financial health of your business a single day longer.
All you need is a simple plan to manage the irregular revenue in your business and clear instructions on what to do, believe me it will remove a ton of money fear!
#2 Specific Money Beliefs That Have Been around Your Entire Life
The second reason so many women have so much fear around looking at and managing their business finances is because of specific money beliefs they’ve been believing for their entire life
You’ll never be good with money
You shouldn’t be trusted with money
You’re always making really bad money mistakes and running us into the ground.
For centuries, society as a whole has given women messages that they can’t handle money and aren’t capable of making wise financial decisions, they can’t be trusted with money.
Men are often threatened by a woman Having and wisely managing money
But in reality women who have a healthy Biblical money mindset are very wise with managing their money, investing, and growing their businesses to impact more people.
It’s a proven fact that wealthy female entrepreneurs will do more good and benefit their family, friends and entire community with a greater legacy of generosity than men will ever do. (I learned this from Millionaire Woman Next Door)
I’ve even had a dude tell me at a networking event that
“Women should just take the emotion out of money and look at it logically, it’s just a tool that can be used for good.“
Can you believe that?
With these messages, of course you would have anxiety
While many of us have had parents or spouses that have reinforced these messages specifically that you aren’t good with managing money,
Yet they also never showed you how to wisely manage money and have a healthy relationship with money in the first place… and then you add in a business.
Of course all these emotions and false beliefs around money would cause you to have a lot of anxiety and fear when you’re now in charge of managing your business finances.
The problem with Dave Ramsey and Profit First
The problem with Dave Ramsey’s or Profit First plans on managing irregular cash flow in your business is that none of them address the emotions behind the money beliefs that women especially are dealing with.
Plus they explain it in a way that makes it more complicated than it needs to be.
After 7 years of helping female entrepreneurs shift their beliefs about money using Biblical principles, I’ve learned that you can teach the ‘what’ to do, the plan all day long until you’re blue in the face.
But until you address these money beliefs keeping the women stuck and crippled with fear using the healing power of God’s Word, the plan is just going to cause more confusion and shame.
And it’s not going to work.
In order to Get Freedom in this area
You need someone who will show you what the Bible really says about money, wealth and business in order to get freedom in this area.
In order to get over the fear of looking at your business finances so that you can be empowered to bring home more money to your family and be able to create a legacy of generosity, you need two things.
First, you need to have a simple plan that’s easy to follow on how to actually manage your irregular cash flow in your business.
Second, you need someone who can guide you into addressing the emotions BEHIND the beliefs about money using Biblical principles so you can use the proven tools and strategies for a lifetime!
But when you combine the two wow! The impact and legacy of generosity that you will have on so many is going to be incredible!
You’ll be empowered and confident when you look at your business finances, knowing exactly how to manage the revenue in your business.
This will allow you to safely bring home more money to your family, invest in growing your business to serve more people and begin building a massive legacy from day 1 that reflects God’s goodness!
Now that you know the two things you need to do to get past the fear of looking at your business finances…
Don’t work with a money mindset coach like that dude who just says “women should just take the emotion out of money”
Instead you’re going to want to use these 10 qualifications as a filter of who would be the best coach to help you address the emotional baggage around money with Biblical principles.
